A morning walk down Dalal Street | Nifty may show pullback rally, 10,900 key level to watch out for

Indian markets closed in red for the fourth consecutive day in a row on Tuesday. The Sensex BSE Sensex saw a cut of more than 200 points while the Nifty50 closed below 10850.

The final tally on D-Street – the S&P BSE Sensex closed 241 points lower at 36,153 while the Nifty50 ended at 10,831, down 57 points. 

Small-caps continued to bleed while Mid-cap closed marginally in the red but over 400 stocks on the BSE hit their fresh 52-week low which includes names like CARE Ratings, Prataap Snacks, Cera Sanitaryware, BASF India, Tata Chemicals, Mahindra Logistics, Finolex Cables, Apollo Pipes, IIFL Holdings etc. among others.